Belize Offshore Bank Sees A Run On Deposits After Fatca Probe …

Belize offshore bank sees a run on deposits after Fatca probe

The value of deposits in Belize Bank International (BBI) has dropped by almost 75% over the last six months  to $31m from $102m (€91m, £76m), according to data from Belize’s central bank.

In April, BBI told the country’s supreme court that it could not pay a $3.3m judgment against

FULL ARTICLE http://www.international-adviser.com/news/1030769/belize-offshore-bank-run-deposits-fatca-probe

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